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Daily Brief

Airdrop Hunting on MegaETH

Now is your moment to start exploring tokenless protocols on the blazing fast MegaETH L2. We've got a fresh airdrop guide ready for ya.
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May 7, 20263 min read

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Airdrop Hunting on MegaETH
Published on May 7, 2026
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NEED TO KNOW
Kalshi @ $22B
  1. 🤯 Prediction Market Kalshi Achieves $22B Valuation on Coatue-Led Series F Raise. The late-stage startup told Bloomberg that its annualized revenue now exceeds $1.5B.
  2. 👻 Aave to Tighten Collateral Standards Following Near-Disaster KelpDAO Crisis. Aave Labs' Chief Legal and Policy Officer committed to reform earlier today at the Consensus Miami 2026 conference.
  3. 🇮🇷 Binance Receives Compliance Demand from U.S. Treasury: The Information. Pressure on the embattled crypto exchange is intensifying; Treasury is requesting compliance with a court-imposed monitoring agreement.
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Daily Market Snapshot: Stocks tumbled Thursday, as did crypto, with Bitcoin falling back below $80K as its most fervent buyer, Strategy's Michael Saylor, continued to tease BTC sales.
Prices as of 5pm ET 24hr 7d
Crypto $2.66T ↘ 1.8% ↗ 4.0%
BTC $79,877 ↘ 1.9% ↗ 4.6%
ETH $2,291 ↘ 2.5% ↗ 1.5%
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ANALYSIS
The Top Airdrop Hunts of May 2026
Bankless Analyst: Jack Inabinet

Equipped with millisecond latency and capable of processing over 100k transactions per second, MegaETH promises to unlock onchain experiences that simply weren’t possible before. With a growing cohort of tokenless MegaETH protocols going live, this nascent network also presents several promising airdrop plays.

At Bankless, we’re on constant airdrop watch, surfacing the most promising plays and delivering them straight to subscribers every month. We compile this alpha inside Airdrop Hunter, where you can find nearly 200 curated opportunities with step-by-step hunting guides.

Today, we’re spotlighting five MegaETH applications with airdrop potential that you can interact with right now. 👇

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CHEAT SHEET
Ride the Wave

Once a week, Premium subscribers get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.